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Conversus CEO Sees Bright Side

Turmoil That Has Bruised Firm's Shares Presents Opportunities, Long Says

By

Dana Cimilluca

Updated Dec. 3, 2008 12:01 a.m. ET

Blackstone Group garnered much attention when the buyout giant went public last year, though, it turns out, that was just as the credit markets such firms depend on for financing were cresting.

Much less noticed was the initial public offering a week later on the Euronext in Amsterdam of Conversus Capital, a Guernsey-based, $3 billion investment firm that places money with private-equity operators such as Blackstone, mainly in the...